LRL 0.00% 2.5¢ labyrinth resources limited

Ann: Targeting Coking Coal in South Western Mongo, page-4

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  1. 2,593 Posts.
    re: Ann: Targeting Coking Coal in South Weste...
    this looks like a prospective play.

    $46m cash.

    According to the last announcement the Mongolian Govt had already granted them 1 of the 5 tenements they are applying for.

    Coking coal plays are going for top dollar. This one has no potential priced in.

    as everyone has said at 22c that gives a m/cap of of $47m and cash in bank is $46m.

    no dilution or cash burn through buying another company as they are applying to the govt for the tenements - a lot to like.
 
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